Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in India - 2023
Contents:
- Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in India (FOB) - 2022
- Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in India (CIF) - 2022
- Exports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in India
- Imports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in India
Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in India (FOB) - 2022
The average export price for non-electric iron or steel central heating radiators of cast iron stood at $13 per unit in 2022, with an increase of 33% against the previous year. Over the period under review, the export price, however, recorded a deep setback. The pace of growth was the most pronounced in 2020 an increase of 102% against the previous year. Over the period under review, the average export prices reached the peak figure at $42 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bhutan ($116 per unit), while the average price for exports to Kuwait ($5.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in India (CIF) - 2022
The average import price for non-electric iron or steel central heating radiators of cast iron stood at $19 per unit in 2022, which is down by -71% against the previous year. Overall, the import price continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2017 when the average import price increased by 163% against the previous year. As a result, import price reached the peak level of $176 per unit. From 2018 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Vietnam amounted to +384.8% per year.
Exports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in India
In 2022, overseas shipments of non-electric iron or steel central heating radiators of cast iron decreased by -35.1% to 8.8K units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 400% against the previous year. As a result, the exports reached the peak of 14K units, and then contracted sharply in the following year.
In value terms, exports of non-electric iron or steel central heating radiators of cast iron dropped to $113K in 2022. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 146% against the previous year. The exports peaked at $132K in 2021, and then fell in the following year.
| Export of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bhutan | 0.6 | 15.5 | 40.1 | 53.5 | 346.8% |
| Kuwait | N/A | N/A | 57.7 | 39.4 | -31.7% |
| Malawi | N/A | N/A | N/A | 8.0 | 0% |
| United Arab Emirates | 17.1 | 23.4 | 11.2 | 2.3 | -48.8% |
| Nepal | 22.6 | 8.4 | 0.5 | 1.0 | -64.6% |
| Nigeria | N/A | 30.3 | 15.9 | N/A | -47.5% |
| Singapore | N/A | 24.2 | N/A | N/A | 0% |
| Others | 2.4 | 3.0 | 6.2 | 9.1 | 55.9% |
| Total | 42.7 | 105 | 132 | 113 | 38.3% |
Top Export Markets for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron from India in 2022:
- Kuwait (7.8K units)
- Bhutan (0.5K units)
- Malawi (0.2K units)
- United Arab Emirates (0.1K units)
Imports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in India
In 2022, the amount of non-electric iron or steel central heating radiators of cast iron imported into India soared to 2K units, growing by 6,797% compared with the year before. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of non-electric iron or steel central heating radiators of cast iron surged to $38K in 2022. Over the period under review, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | 25.0 | N/A | 35.7 | 19.5% |
| Others | 1.9 | 1.1 | 1.9 | 2.1 | 3.4% |
| Total | 1.9 | 26.1 | 1.9 | 37.8 | 171.0% |
Top Suppliers of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron to India in 2022:
- Turkey (1.9K units)
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